How Will Bitcoiners Regulate The Regulators? – Bitcoin Magazine

This is an editorial opinion piece by Niklas Kleinwortha research assistant at the Idaho Freedom Foundation, a public policy advisory organization.

As Congress seeks to refine the federal government’s stance on cryptocurrencies, one must be wary of policies that allow officials’ favoritism to favor Bitcoin. While Bitcoin itself cannot be regulated, federal control could impede progress orange stake nocoiners by making bitcoins less practical to access and exchange. Bitcoin miners should support legislation that both simplifies the industry’s relationship with the US government and provides protections against excessive bureaucratic access.

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